RBI slaps Rs 10 crore penalty on HDFC Bank - SARKARI JOB INDIAN

RBI slaps Rs 10 crore penalty on HDFC Bank

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An examination of documents in the matter of marketing and sale of third-party non-financial products to the bank`s customers, arising from a whistleblower complaint to RBI regarding irregularities in the auto loan portfolio of the bank, revealed, inter alia, contravention of the aforesaid provisions of the Act and the regulatory directions, it said.

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